This listing is NOT a foreclosure. The best of both worlds combining income possibilities from long term and short-term rental! Stately brik apartment building housing 5 total 1 bed, 1 bath units that exudes historic charm and incredible curb appeal sited just minutes from vibrant Main Street, Galena and packaged with an absolutely charming 2 bed, 2 bath detached Coach House with coveted short term rental license. Originally a grand Galena single family residence many of the units have a touch of yesteryear that varies and includes period wood flooring, arched accents, detailed period woodwork, and gorgeous decorative fireplace surrounds (fireplaces are inoperable). Washer and dryer in each unit for total convenience, and Window A/C. Make your way to the Coach House to find a fully renovated brick cottage-style home mixing modern finishes and historic beauty plus multi-level addition that offers open kitchen and living room, second floor bedroom suite with nicely appointed private bath, laundry room, secondary living room with access to elevated patio, and third level with additional suite and gorgeous private bath. Coach House is approximately 1280 square feet, has gas forced ai
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r furnace and central A/C, and concrete drive with ample guest parking (6-person total occupancy). No off-street parking for apartment building but driveway with parking for short term rental Coach House. Utility info and maintenance expenses approximate and for 2022 year. Coach House gross rental for 2022 was over $38,000 and is professionally managed. Some expense exists if purchaser continues with current program. Total square footage noted does not include the 1280 square feet of Coach House. **Please note that units in the apartment building cannot be rented on a short term/nightly basis. Only the Coach House portion carries licensing for short term rental. **This MLS Resale home is a single family home located in GALENA. It offers 13068 sq. ft. in size, beds and baths. Review its detailed information and determine if this GALENA MLS Resale has the qualities you are looking for.
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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
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Property Info
Property ID877886383
MLS Number202401902
Parcel Number22-100-674-00
CountyJO DAVIESS
Living Area (sqft)2,256
Price/sqft$321
Property TypeSingle Family Home
Lot Size13068 sq. ft.
AppliancesCooktop, Dryer, Refrigerator
HeatingHot Water, Steam
CoolingWindow Unit(s) A/C
Legal DescriptionORIGINAL LOTS BLOCK 11 LOT 19 & 50' X 50' LOT 21
Listing StatusActive
Property Brokerage:
Coldwell Banker Network Realty
,
401 S MAIN ST.,
GALENA,
IL61036
Copyright © 2024 Rockford Area MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.